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Messages - Stienwood

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1
Solana Forum / Re: Is SOLANA new competitive of Ethereum?
« on: August 28, 2022, 12:09:55 AM »
Haha, hello mate, thanks for the suggestion, however, I've been on the lookout for profitable pools on various secured CEX and DEX, however, my search has been futile, I am scared of the obvious risk of an impermanent loss. Mind sharing how you remain profitable?
Of course, your fears are quite understandable really! however, there are available solutions to those problems, ever heard of trofi exchange? they offer staking rewards to up to 500% on your favourite tokens. with that, you can fragment your holdings to select the best pools and aggregate your APY to as high as 1200%. that is the game plan I've committed to for months now and have remained profitable

2
Solana Forum / Re: Is SOLANA new competitive of Ethereum?
« on: August 27, 2022, 11:49:23 PM »
The strength and rate of growth of Solana has been impressive especially over the past few months, despite the actions of bad actors. I have a large holding of Solana and some of the tokens in the ecosystem. I'm  definitely holding on to it till the next cycle.
Ah, a fellow die hard fan, hahaha. I suggest you stake them up in pools though, to hedge against the bearish momentum, it's quite hard to maintain profitability this period however with the right strategy you can stay profitable

3
hahaha i understand the doubt mate, this was exactly my reaction as well when I found out, i believe the APY is this high because the pools are not congested yet like every other low-rewarding pools out there

4
in layman term, staking is the process whereby you lock your assets on a staking period called the vesting time ( may have lots of names depends on the program) in hope to yield more profits. though outstanding as names, the staking embeds market risk. pool based requires a collective funds from different investors to contribute to nodes validation in the blockchain, the reward issued by the miners could be relatively small.

how does exchanges offer APRs/APYs over 400%? and more? , an interesting question which many might understand.
I think this is the major downside to staking, the fact that that there's competition in pools and too many market participants, not forgetting the risks of impermanent loss, staking on DExes although safe isn't actually rewarding enough particularly in a market such as this
hmm, actually that exactly poses a problem of profitability for a lot of traders and investors in the space, especially those who have no strategy to stay profitable. Personally, i stake my favorite holdings on trofi exchange for APYs as high as 500% in an attempt to hedge against the market's bearish conditions instead of selling at loss

5
Cardano Forum / Re: What is Cardano (ADA)?
« on: August 25, 2022, 05:29:31 PM »
Hey mate, I use trofi exchange to hedge against the bearish price action with APYs as high as 500% on my fav tokens, you should do your research, APYs tend to reduce when pools get congested

6
Cardano Forum / Re: What is Cardano (ADA)?
« on: August 25, 2022, 05:19:05 PM »
Cardano is going to be the bright blockchain of the future. I think this is the best time to invest in Cardano for a good profit. Day by day it is progressing. And it's shining.
definitely man, I think this is the right time to get more Cardano, I've been stacking more $ADA on the new trofi exchange, since its a very secured CEX
Eating up $ADA dip on trofi? that's an awesome gameplay, however, for me, i'm more of a conservative holder, I have my holdings staked up for about 140% returns

7
Humanity has been grossly affected by the toxic emissions resulting from generating electricity in a conventional way. This environmental effects indeed needs to be ameliorated. Let's look forward to what IEON Has to bring forward.
moving forward, with IOEN, hydrocarbon emissions due to burning of fossil fuels will be a thing of the past as the future, edging on the Holochain and block chain technology becomes safer and explore other methods of clean and renewable energy which in turn secures a safer and healthy planet

8
Apparently, It is a great one with IOEN running it's functions on Holochain, a peer-to-peer distributed platform that does not require mining or gas; grossly reducing the ethereum high gas to a fraction of 10 and possibly continous declination in the cost after launch, hence, will improve efficiency and effectiveness of grid integration and early adoption of this outstanding innovation.
indeed, the network has inbuilt scaling functionality for the ethereum ecosystem and leveraging on the holochain technology, IOEN enables homes anywhere to function together as an intelligent, cooperative electricity system. By connecting homes in this way, they become a local, virtual energy microgrid hence effectively coordinating energy

9
I can say this is a welcome development, government alone can't solve the problem of renewable energy, many rural cities today have limited access to stable source of energy. I wished IEON success in the future

And another good side of it , it will be fully decentralized , IEON won't have to face government policies, corporate influence, and present market scenario that can stand in its way for a wider adoption worldwide
Yes that's right IOEN will enjoy all the benefits the blockchain technology has to offer ranging from Decentralization, security, transparency and a host of other benefits geared towards removing adverse government policies which fosters global warming and urban heat island phenomenon

10
The Diego Maradona NFT release in dubai was such a huge success I wonder if there are any NFTs of legendary players to be released soon, any one has an idea? I'd love to get in on any of my favorites across various sports
With the engagement of athletes and federations by Ex-Sport, I see more athletes getting engaged in this and it will likely also attract most of their fans globally. This will also attract the sporting world to the world of NFTs
I had to take my time and study them properly because I wanted to know how Ex sport would be of benefit to fans, got to understand that there is an avenue for fans to be rewarded by developing a unique revenue share model. Glad they had the interest of fans at heart likewise
of course! the project as you may have noticed is user centered and all encompassing all fields of Interest fans athletes federation alike.
Fans get to make profit off trading and other reward sharing mechanism made available by the team
Outstanding usecase! participating in these Ofcourse will be to every investor's advantage

11
Ex- sport really captivates me. As a chronic sport fan, nothing makes me feel better than knowing that sports is being integrated into blockchain which ex-sport has made possible. The impact of this will definitely be huge in the long run and it will attract more investors and connect sport fans around the world. I really love the initiative
I am what you can call a soccer fanatic 😅😅. It's a thing of joy to see sports being integrated optimally into the crypto space. This is the beginning of a new era for sports persons around the globe.
 I hope to see Ronaldo NFTs soon. I'll be glad to jump on the NFTs😄
What sport do you like best? And who's your favorite?
I'm more inclined to martial arts I love the idea of strength and power to protect. UFC is an extreme martial art sport 😄 but I'd say Isreal Adesanya is my favorite I hope he gets an NFT release soon

12
right?! its so satisfying to see NFTs gaining a lot of mainstream attention and adoption,
in addition to recuperating value back to sport federation and events organizers towards building revenue for better sport experiece for all sport person, Exsport also brings fans closer to thier favorite athletes hence increasing fan engagement accross 30+ various sports.
Amazing isn't it?           

13
The success of the maradona NFT auctions is a notable achievement
I wonder what other sport and legend they're going to be working with later on. The marketplace seem empty , apparently they sold off all maradona NFTs and preexisting NFTs as well
Any ideas what the future holds for the project?

14
Hmm that's an interesting question.. well I guess they'd follow the model of other successful marketplace and use the Exsport token as a medium of exchange and gas fee during trades.. also you night have to stake the token to access some of thier services...
The token is not launched is it? We'll get more information concerning usecases towards the launch

POS is a convenient way to keep the ecosystel florishing on long term. And granting privilege to the most people concerned by the development of the project; It's a nice idea serving alomost caring projects like Ex sport. So far, are gonna stake a millions of EX tokens to get access to those programs? Not sure. One thing sure is that; I will strand out from many in NFT market

All that matters are not compulsory related to the token amount required in the governance to get it started but the utilities. Imagine the whole soccer industry ( foundations and federations) start with Ex market as a way to raise fund for their further plans. That's the psychology behind Ex market. Help them crowdfund their initiatives through a colletibles aution. That's amazing! must hold EX tokens, NFA
Right?! This will definitely be explosive in years to come particularly during the Olympics when the whole world gathers to compete a lot of funding will be needed to cover for expenses.
This is where Exsport comes in. The usecase is unbelievable we're still early!
interesting observation mate, that's actually quite thought out. A lot of expenses covered with remittance of funds gathered from NFT sale will sure be massive! And with the world as audience, Exsport might just be promoted as an ambassador or supporter of the Olympics and by so doing garnering wide adoption and larger userbase

15
Hmm that's an interesting question.. well I guess they'd follow the model of other successful marketplace and use the Exsport token as a medium of exchange and gas fee during trades.. also you night have to stake the token to access some of thier services...
The token is not launched is it? We'll get more information concerning usecases towards the launch

POS is a convenient way to keep the ecosystel florishing on long term. And granting privilege to the most people concerned by the development of the project; It's a nice idea serving alomost caring projects like Ex sport. So far, are gonna stake a millions of EX tokens to get access to those programs? Not sure. One thing sure is that; I will strand out from many in NFT market

Let's remember a flash back by the way, The 30th of October 2021 was a truly special evening in Dubai, honoring Diego Maradona’s life and legacy for eternity through non-fungible token technology. Here is the full event highlight video  it's a life changing system mister mens. I think many foundation will join Ex sport because of Diego maradona exhibition event. It's terrific!
yeah I believe a lot of strategic partnership and ties will be made overtime essentially in honour of the legend Maradona.
Imo the Dubai expo was more of a marketing plan to get a lot of people on board the Exsport platform

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